TTM Technologies Emerges as Multibagger Stock with 310.65% Surge Over Past Year

TTM Technologies, Inc., a notable player in the Electronics & Appliances sector, has demonstrated remarkable performance, distinguishing itself as a multibagger stock. Over the past year, TTM Technologies has achieved an impressive return of 310.65%, significantly outpacing the S&P 500's performance of 12.95%. This trend of strong performance continues, with the stock showing a daily increase of 6.43% and a weekly rise of 16.39%, further solidifying its position in the market. The company's financial health is underscored by a growth in net sales of 2.87% and a record high return on capital employed (ROCE) of 5.89%. Additionally, TTM Technologies boasts an exceptional interest coverage ratio of 953.72, indicating robust financial stability. The reduction in raw material costs by nearly 10% year-over-year also reflects the company's effective cost management strategies. With a market capitalization of approximately $11.16 billion and 100% institutional holdings, TTM Technologies is well-positioned within the small-cap segment, attracting attention for its consistent market-beating performance over both short and long-term horizons.